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The Economics at Austrade team are responsible for analysing the major trends and events in the Australian and international economies that help shape Austrade’s operating environment.

Sound fundamentals: Australia now home to world’s 4th largest pension assets

14 Apr 2020 Australian Economy Edmund Tang

In one key area, Australia entered the current period of uncertainty comparatively stronger than virtually all other developed economies – savings.

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Australia's economic freedom moves up a notch, says US think tank

25 Mar 2020 Australian Economy Edmund Tang

According to The Heritage Foundation (Heritage), a US research institution, Australia now ranks fourth in terms of how free its economy is, compared to 180 other countries.

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Doing business in Australia is easier

4 Nov 2019 Australian Economy Edmund Tang

Australia remains one of the world’s easiest places to do business, according to a recent World Bank survey, Doing Business 2020.

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Bridging the regional tourism divide

22 Oct 2019 Australian Economy Tourists Nathan Davis

Warm beaches, crystal waters and world-class surf – Australia’s coasts have it all. It should come as no surprise, then, that our coastal regions are among the most visited in regional Australia.

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China takes top spot in Australia’s tourist rankings

28 Aug 2019 Australian Economy Tourists Edmund Tang

Tourism is now Australia’s largest services export. According to data released by Tourism Research Australia in May 2019, tourism contributed A$37.4 billion to the Australian economy in 2017–18.

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International students crave more than education

26 Aug 2019 Australian Economy

As international students flock to Australia, they seek more than just the world-class education – they are also avid travellers.

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Tourists think cash is flash, but plastic’s fantastic

12 Aug 2019 Australian Economy

According to the World Payments Report 2018, non-cash transaction volumes grew by 10.1 per cent in 2016.

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Global growth to slow in 2019 and 2020

29 Jul 2019 Australian Economy Edmund Tang

The International Monetary Fund (IMF) has trimmed its projected rates for world growth to 3.2% in 2019 and 3.5% in 2020.

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Australia shines as Asia-Pacific’s low-risk economy

24 Jul 2019 Australian Economy Edmund Tang

The Australian economy faces fewer risks than almost all other major advanced economies, according to Oxford Economics.

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